Word: pay
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Dates: during 1940-1949
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...Theatre and the Actors' Studio, startled hard-shelled Broadway during the run of Brigadoon. With big profits in sight, she gave her cast of 62 what no performers expected from a producer: hospitalization insurance, free advanced acting lessons from Director Lee Strasberg, a week's vacation with pay...
...most familiar habitat of the Hokinson girl was the club meeting, with Madam President on the rostrum (see cut), perhaps telling the girls: "The treasurer wants me to announce that unless some of the members pay their back dues, she will simply lose her mind." In Miss Hokinson's own favorite cartoon, her heroine was telephoning home from the police station with a contrite bulletin: "Albert, I did something wrong on the George Washington Bridge...
...Last week, after a survey of 1,000 industrial executives, Mill & Factory magazine reported that 78% of them would go along with some sort of company pension plan. Only 6% think the company should bear the entire cost. As for federal pensions, 89% would rather install company plans than pay for a major expansion of the Government's Social Security program. Growled One Midwest manufacturer: "Our whole system is degenerating to the point where something for nothing is a fad . . . The mad scramble is to be one of the fortunate few ... on the receiving end . . . Union leaders are playing...
...exempt income of 5.3% on its investment. Macy's would get its $4,500,000 out of dead brick & mortar into lively working capital, still have the use of the building. Since the rent is taxexempt, it is probably lower than Macy's would have to pay to a taxpaying owner...
Educational Noodles. In cases where companies lease their properties and still continue to operate as taxpaying private ventures, the Government has not interfered so far. But it has already ordered the Mueller Co. to pay up its income taxes. There is nothing in making noodles, the Government contends, that is "charitable, scientific, literary or educational" (the statutory requirement for tax exemption for colleges). A court test, brought by Mueller, has not been decided. If the Government wins the case, it will slap a bill for back taxes on all the company's profits since the sale, and presumably...